Idrisu
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November 28, 2018, 03:28:11 PM |
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We are witnessing falling price now and what I do is to avoid trading and holds those coins I bought above the current price. If you sell during falling price you will blame yourself in future as bitcoin and cryptocurrencies market will definitely going to recover.
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shield132 (OP)
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November 28, 2018, 03:30:52 PM |
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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?
Honestly, it's way not an easy thing for me to acquired coins by purchasing it right directly from my fiat so all my hold coins will be remain idle for quiet some time. The current trend doesn't mean I have to changed my view about bitcoin. Just continue. And besides, I still have others alts to play wherein much needed a more attention. Since already on - % , already faced the risks, already watched how drastically it decrease, there is no sense for me to exit now. If should, then I should do that from earlier. Hold till the end. That's how will I gambled it. This is worth to put a shot. No, this isn't what I mean. You know when price falls, people start panic and increase/speed up this fall, when you see price falls, you have opportunities: Sell bitcoin immediately, wait a little bit to let it fall much and then buy. This way you own more bitcoins but is this right if we support bitcoin? This way, you speed up process and join panic people but benefit at the same time while bitcoin falls and gets "damaged" if we can call it so.
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Dimon8
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November 28, 2018, 03:51:14 PM |
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When the price fell, I calmly watched what was happening, because I understand that price cuts are a temporary phenomenon, without which the market cannot exist.
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icecube45
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November 28, 2018, 03:51:56 PM |
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In a situation where prices are dropping like this, of course, selling bitcoin is not a good action, the price of bitcoin has gone down so far that if you sell it, you will experience a huge loss. In a situation like this when the price has gone down far it would be better to buy and hold it until the price rises. This will be more profitable than having to sell when prices are like this.
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katerinaliisa
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November 28, 2018, 04:27:11 PM |
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I am more interested in the fact that sales are made on the crypto-currency market in large volumes, then immediately pay off, and then sold again. I'm not inclined to panic.
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indrakusumaindra
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November 28, 2018, 04:40:15 PM |
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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!
Yes i'm agree, i got so many plan for my future and i believe hold the cryptocurrency that i had right now is the best thing for my future. I believe market will recover and it does takes time and i do believe eventually crypto market will be big. I do hold all my coins despite the price falls and i do try to buy more coins that i think would grow so big in future.
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MULTIK888
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November 28, 2018, 04:44:29 PM |
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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?
Each person in this situation acts in his own way. If you are an active trader and not an investor - of course you will sell at such a decrease and use stop-loss. Well, if you are an investor, then as a rule your bitcoins are not stored on the exchange and it makes no sense to sell each time the price changes. My action during such dumps is selling, but as they say, it is not always profitable because they can just knock out stop losses and go up again. This requires is the computer and watch but this does not always have the time. Therefore, at least we should try to get out of altcoins in bitcoin and wait for growth.
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Andrea9000
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November 28, 2018, 04:47:15 PM |
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At the moment I bought at fairly good prices and I will now expect a rise in prices. Maybe I'll be trading somewhat with alternative cryptic currencies for improving your balance in bitcoins.
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joeperry
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November 28, 2018, 05:16:26 PM |
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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'm just going to accept the fact that I lose my investment and will just accept that I lose in my investment to avoid further damage. But it doesn't mean that I won't get recover since there's a lot of alt coins in the market that the price is volatile and will take advantage to the ups and downs of the market (Day trading) But maybe you should just observe the market and do your shot. You can also follow some great traders and ask tips from them.
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AAlex48
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November 28, 2018, 06:48:04 PM |
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I have free money, and I just buy every drawdown.Leave everything for a long time.
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ATMD
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November 28, 2018, 08:17:57 PM |
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It is true, it is difficult not to panic sometimes, however one should not let emotions get in the way of logic and reasoning. If everyone acts the same way and sell, the price would only fall and fall. The fundamentals of Bitcoins economics remain the same and does not change with sentiment.
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jbarcenas18
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November 28, 2018, 08:19:15 PM |
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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?
Today I choose to hold my bitcoin and buying some due to price is low because I do believe that in the near time bitcoin will pump up. I am not tired observing the trend of bitcoin price in the market and that what I do.
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Crypto24hrs
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November 28, 2018, 08:19:29 PM |
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one of the major fundamentals governing bitcoin is its volatility and to survive one has to be knowledgeable about the market speculation, taking a good advantage of the fall in price to buy more and sale some when the price rises up to your expectation this is my take.
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paulspider
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November 28, 2018, 08:23:08 PM |
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It is always sad to see that precious coins you possess are falling like ripe mangoes. When I see such things, I don't utter a word than to look at the market and pray for stabilisation in the prices for my good.
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Olaiasal11
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November 28, 2018, 08:35:00 PM |
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I have not invested any type of crypto market so I have no profit or loss. But I am shocked by the current market conditions! I want cryto market to get back to the previous place again. Hopefully, there will be changes in the crypto market within the 2019
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tenakha
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November 28, 2018, 09:07:48 PM |
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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?
Due to the situation is so complicated it is not easy to find the right direction. But we all knew the price could not always move up and we also know that price will not always move down. In my opinion waiting and increasing the number of Bitcoins in our portfolio will save the feeling of regret in the future. Perhaps we will never see the Bitcoin as low as it is now.
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cetald
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November 28, 2018, 09:23:00 PM |
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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?
Those bitcoins that I have I do not sell. But I continue to buy gradually even when the price drops below.
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Harrisonimo
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November 28, 2018, 09:30:08 PM |
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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?
Well, it is good to take a survey and know if the population here too are contributing to the dip or helping in salvaging the situation. I for one will be buying more at this dip and hodling what I have still till I deem it sellable; like when bitcoin reaches 10,000$ again.
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adzino
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November 28, 2018, 09:48:55 PM |
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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?
The only thing I don't do is sell the coins when the price drops and reaches it minimum point (unless I am in dire need of fiat). It actually makes no sense at all to sell at the minimum point. You will just end up losing most of your money. When the price drops, just keep in mind that you have the same amount of coins and the price will eventually rise back. Think of the price drop as an opportunity to buy more coins to maximize your profit.
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mrcash02
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November 28, 2018, 10:26:37 PM |
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To sell can be a good idea, as it will guarantee you a chance to buy more BTCs later for a cheaper price, but at this time I chose to just hold and wait. Meanwhile we can observe the market closely, trying to predict the right time the scenario will change and the price will start rising solid again. When this happens it's the propitious time to buy more coins, as we will definitely help to pump Bitcoin's price on the Crypto market.
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