iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
December 03, 2018, 03:29:37 PM |
|
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it? I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
I tried to wait until the situation got much better. Even when the price of Bitcoin has decreased, I try to buy Bitcoin, I have the opportunity to be able to buy Bitcoin at a cheap price. If a bad situation occurs then think positively. When the price of Bitcoin decreases, think positively that this is our chance to be able to buy Bitcoin at a cheap price. Let's think carefully and we will make the future a lot better. Believe that when we trust Bitcoin there will always be a miracle. Even significant price increases are not impossible. The most important thing is that when prices decline, never experience panic, because panic will only make the situation worse. This is an opportunity and remember that we must be part of a success.
|
|
|
|
Adriano2010
|
|
December 03, 2018, 03:33:01 PM |
|
I still hold what i have and i do some trades so i can get more bitcoin and also i hold. The only problem for me will appear before Christmas, if the price is like today i will need 0.1BTC for what i need to buy so i will need to sell some of my bitcoin.
|
|
|
|
normanz
Copper Member
Newbie
Offline
Activity: 327
Merit: 0
|
|
December 03, 2018, 05:55:37 PM |
|
I think the market downturn still has a positive side, falling prices are not always worrying but in falling prices can be an opportunity to buy.
|
HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
|
|
|
Seeker#9
|
|
December 04, 2018, 01:41:20 PM |
|
Holding the coins is still the best strategy if you still want to recover your loss and selling your coin will only contribute to the price decline.The whole market is in a state of long downtrend but I believe it will not last and will bounce back in due time. Low price will make cryptocurrencies attractive again to the investors so it means price declines will give us the chance to buy coins at affordable price before it go up again.
|
|
|
|
UNOE
Sr. Member
Offline
Activity: 791
Merit: 273
This is personal
|
|
December 04, 2018, 01:45:17 PM |
|
I have a philosophy of life a bit sociopathic, do not do what everyone does, at this moment a lot of people sell in panic sell, I diversify the investments and I leave for a long period, and the price of HOLD!
I think that sometimes that could work and it is good to be contrarian, but in most times you should not go against the trend. There is huge difference between good timing and bad timing for contrarians.
|
|
|
|
Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
|
|
December 04, 2018, 03:02:15 PM |
|
Holding on a cold wallet is the best strategy. Just ride the rocky road and wait for your profits to grow. Maximizing profits by selling and buying adds risks, many trading sites have gone bust. So I would only do that with a small selection of coins.
|
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
|
|
|
Mhd-Bobbi
Member
Offline
Activity: 434
Merit: 13
|
|
December 04, 2018, 03:16:30 PM |
|
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it? I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Of all friends who ask like you, all answers depend on each of their research. I am personally, I hold it back, and I collect everything, I will not sell it, I do not care what they say, I am sure the previous year also experienced what it is today, but a few years later it will definitely rise again. No need to panic, but panic if you have already sold it.
|
|
|
|
South Park
|
|
December 07, 2018, 04:40:28 PM |
|
Every fall is a opportunity for us to buy good quality coins at lower price but those opportunity sometimes need to consider our resources as not all the time we had extra to fill our bags. If I have enough I will buy more and more to take advantage as this technology will bounce back at the right time. Indeed this still the best investment if you want to go in long term plan.
That is something that many simply do not see, it is true that when the price goes down we lose money but lower prices also give to us the opportunity to buy coins for a very cheap price, if you really believe that the market of cryptocurrencies is going to change the world then investing in this moment can be the best thing that you can do for your future finances.
|
|
|
|
hacker1001101001
|
|
December 11, 2018, 06:22:21 AM |
|
We just need to use of basic fundamental of the crypto market. And that's is buy the coins at a lower price and sell them at a higher price. So we have to buy the coins at the moment because it is cheaper and has to hold it a long time until the complete market is going to recover itself. And after that, we can sell our coins at a higher price and make a profit from it.
|
|
|
|
WatchMaker
Full Member
Offline
Activity: 518
Merit: 104
PUFFY FINANCE
|
|
December 11, 2018, 09:02:53 PM |
|
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it? I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
I have one game plan when the market situation worsen which is to cash out. I only HODL my bitcoins when the market is bullish not bearish. I don't like the idea of HODLing while the price is falling, I just can't HODL my bitcoins while I'm losing money.
|
|
|
|
knightmairesaint
Sr. Member
Offline
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
|
|
December 11, 2018, 10:37:11 PM |
|
Every fall is a opportunity for us to buy good quality coins at lower price but those opportunity sometimes need to consider our resources as not all the time we had extra to fill our bags. If I have enough I will buy more and more to take advantage as this technology will bounce back at the right time. Indeed this still the best investment if you want to go in long term plan.
That is something that many simply do not see, it is true that when the price goes down we lose money but lower prices also give to us the opportunity to buy coins for a very cheap price, if you really believe that the market of cryptocurrencies is going to change the world then investing in this moment can be the best thing that you can do for your future finances. There are many people who are just saying that they will buy at low prices because it is a good investment, maybe so that they can post something here. Trader sees the good opportunity at low prices so they invest at this time and when the price bounce back (which will happen) they are the ones who gains the most profit. Bouncing back of price is not always eventually right after any dump, just like this time, the price continues to fall and only have small movements. Crypto-investing just like other investments need time so give it some more.
|
|
|
|
bohr
|
|
December 13, 2018, 03:01:34 AM |
|
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it? I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
This is something that I have been trying to figure out for some time and while I would like to become a trader and try to make money regardless of the market conditions I am realizing that I am not really that good at it so it is better for me to remain as a long term holder for the moment until I learn more about trading and how I can make money in a bear market.
|
|
|
|
xuv500
Member
Offline
Activity: 406
Merit: 11
|
|
December 13, 2018, 05:32:59 PM |
|
Let's go with the market strategy as Hodl is the safest and right option in this crucial moment, No one expected the value will drop for such a low I was hoping for a good show in this last quarter but what I am seeing now is Unbelievable. So I decided to hodl my coins now.
|
|
|
|
ngusmin
Copper Member
Newbie
Offline
Activity: 497
Merit: 0
|
|
December 13, 2018, 06:51:12 PM |
|
I will do it to hold it calmly, and besides holding it, I also buy it at a much cheaper price and it will be a big advantage to change the economic conditions to be better.
|
|
|
|
jemarie20
Member
Offline
Activity: 434
Merit: 10
|
|
December 14, 2018, 11:40:08 AM Last edit: December 16, 2018, 12:07:18 PM by jemarie20 |
|
Buying and holding are good when the price is falling and selling it in the right time when the price multiply to earn more money, use as good opportunity to buy a lot of good coins when the price is not good and be patient while waiting that the price will be back to its normal place.
|
|
|
|
lelylely
Member
Offline
Activity: 602
Merit: 10
|
|
December 14, 2018, 05:41:23 PM |
|
I prefer to stay calm and wait for the market to recover, I believe crypto has a future. I will not sell and also will not respond to bad news about the cryptocurrency.
|
|
|
|
liuqi
Sr. Member
Offline
Activity: 1092
Merit: 257
LuckyB.it is Back!
|
|
December 14, 2018, 05:48:33 PM |
|
Buying and holding are good when the price is falling and selling it in the right time when the price multiply to earn more money, use as good opportunity to buy a lot of good coins when the price is not good.
All the time holding is the right option, But if you looking to short term profit you can buy and sell at continuously then only you will earn good profit. In crypto platform everyone expecting profit so day trading is the perfect opportunity to buy and sell in crypto platform and some peoples are participate in long term investment it will help to our future journey.
|
|
|
|
KorakPawon
Member
Offline
Activity: 350
Merit: 11
|
|
December 15, 2018, 03:33:37 PM |
|
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it? I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Waiting and keep being patient. When the price down, I hold my coins tightly. I believe that every falling prices of bitcoin, longer or shorter, always take turn with the high prices later on. It's just because I know and strongly believe that UP-DOWN situation that happen to bitcoin is natural and common.
|
|
|
|
Biscutard
|
|
December 15, 2018, 05:42:16 PM |
|
Everyone should know what to do during this time, they should know that this is a bear market and everyone should hold as much as they could. And start accumulating more tokens so that during bull run you can earn a good profit. So, let's just wait and be patient until the bull run starts maybe next year.
|
|
|
|
carlisle1
|
|
December 16, 2018, 03:16:24 PM |
|
As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it? I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
i dont wanna be stupid to sell my bitcoin from $6,500 to $3,700 because thats almost 50% loss,and besides i did purchased some of my bitcoin ATH thats why for sure i will never make a foolish move selling in that huge losses Everyone should know what to do during this time, they should know that this is a bear market and everyone should hold as much as they could. And start accumulating more tokens so that during bull run you can earn a good profit. So, let's just wait and be patient until the bull run starts maybe next year.
Lol what about those who cant afford to wait longer since they are investing for daily profit?they have no other option but to sell at losing stage to prevent more
|
|
|
|
|