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Chairul Muttaqin
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December 09, 2018, 06:37:16 AM |
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No, ofcourse not. If you are long term holder then you should not be worry with this condition. This is only part of cryptocurrency market volatility, if you have plan to hold bitcoin for 2 or 3 next year then you need to be more relax. If you want to convert tour btc into fiat in the near time then you should convert it now. I thought that the bear market will not forever, maybe next year the price of bitcoin will start to rise again, I guess the price can reach $100.000 when the bull market take it's turn.
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Nnedaddy1
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Activity: 294
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December 09, 2018, 06:55:14 AM |
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Holding bitcoin in this present market condition requires one is a risk taker and foresighted.
It's a good thing to buy and hold bitcoin when the market is indirectly discouraging that.
Those of us holding it now stands a high chance of making a other of money soon.
So hold it tight.
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Cherylstar86
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December 09, 2018, 07:31:34 AM |
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No, ofcourse not. If you are long term holder then you should not be worry with this condition. This is only part of cryptocurrency market volatility, if you have plan to hold bitcoin for 2 or 3 next year then you need to be more relax. If you want to convert tour btc into fiat in the near time then you should convert it now. I thought that the bear market will not forever, maybe next year the price of bitcoin will start to rise again, I guess the price can reach $100.000 when the bull market take it's turn.
In this kind of market, we have to be prepared, strategic, and should have a strong foundation of knowledge and commitment. In the game of volatility we should be wise and be brave enough to face its positive and negative surprises. HODL is one of the most applied strategies during the dip but it does not end there, it needs proper timing since market is always moving. We may have different approach and strategies when it comes to price correction, but what is important is that we know what we are dealing with, continue to learn and explore new things. Never be afraid to fail, don't worry much, be positive, take a look at the brighter side, learn from every experience and use them as a platform to grow and be strong. |
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EmJay
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December 09, 2018, 08:03:33 AM |
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bitcoin is still declining everyday. Yes it is hard how to know what will happen to the prices and I don't know what to advice but I think.if you will sell your bitcoin now to cut the losses it is too late already and there is no chance you will recover but if you will hold your bitcoin , there is still the chance you can earn in the future.I don't think it will fall down to zero though.
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LogitechMouse
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December 09, 2018, 08:14:49 AM |
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BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again. |
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Twinscoin2017
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December 09, 2018, 08:38:32 AM |
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BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again. Well i think the very best thing to do is to buy some more coin and hold. Because selling your asset in a very huge dip is really a great loss we can all loss on it if we don't have a strong hands to hold. I believe that patience is really a virtue on the crypto world. I believe that the crypto market will soon rise so we need to hold for us to gain. |
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hubballi
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December 09, 2018, 08:58:27 AM |
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BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again. Accumulation is the only and best option to decrease your loss and wait for the profit as you can see the history that in every 2 or 3 years bitcoin has shown a good profit. Even if you buy in dip and when the price increase double the last low will also give you break through to exit from crypto currency with small profit or no profit or loss. Which ever is suited by you. Selling now and then buying in low is high risk as if the market down go down from here and after some time it start to go high then you can do nothing but to just feel sorry for selling in loss. |
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vhns222
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December 09, 2018, 09:05:24 AM |
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Why ? its the same BTC was at 20k ,why? people always do this, when its was 17-18k they were saying "wish BTC go to 3000 i start buy" when it s 3000 they say its end of crypto.
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kamudd
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December 09, 2018, 09:11:26 AM |
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Why ? its the same BTC was at 20k ,why? people always do this, when its was 17-18k they were saying "wish BTC go to 3000 i start buy" when it s 3000 they say its end of crypto.
haha really confusing, sometimes many people only talk with their emotions. when they expect bitcoin to fall to 3k they have plans to keep buying, but in fact they actually experience panic and fear that the bitcoin will not raise the price again, so what they say is that bitcoin will soon die. Honestly, I sometimes feel confused about what they think. |
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Wingleness
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December 09, 2018, 12:18:20 PM |
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BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
A very bad idea I must agree to holding Bitcoin. Imagin an investor that got at 20,000$, 15000$, 10000$, all in the name of holding and now seeing the value at 3000$+ will surely be frustrated with the whole investment. |
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TheLoser
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December 09, 2018, 12:36:00 PM |
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Now it is too late to sell bitcoin if you bought at a higher price . Leave it on your wallet for 2-3 years and you will see how its price will grow . It is better to buy bitcoin while it is not worth much .
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zikzag
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Minter
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December 09, 2018, 12:45:45 PM |
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So they say those who bought Bitcoin for quick profit and do not want to wait. All will need only time. Or leave if you do not believe in Bitcoin.
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shield132
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December 09, 2018, 01:12:09 PM |
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If holding bitcoin at this stage is bad, then when was it good? When it was 20K usd? C'mon man, in times when no one likes price, we can automatically say that it's great time to hold, at least in past it was always like that. Also price rise is what almost everyone wants in near future. Personally I wouldn't sell bitcoin at this time, have hope that it will rise, act the way you can imagine future.
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clickerz
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December 09, 2018, 02:11:10 PM |
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Now it is too late to sell bitcoin if you bought at a higher price . Leave it on your wallet for 2-3 years and you will see how its price will grow . It is better to buy bitcoin while it is not worth much .
True, Bitcoin is already -80%+. Its too late and better to think for long term. Or if you are very active in trading, you can play with market movements for a minimal profit. If you convert now to Stable coin/ USDC or tether , same...its too late, if the price pumps, you lose more. |
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Twentyonepaylots
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December 09, 2018, 02:34:16 PM |
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I saw still many people are making skeptical statements. If you really believe in Bitcoin then its no matter whats happening to its price.
I personally believe in blockchain technology. Which is really revolutionary and have potential to change worlds business and economic parameter.
But according to current market rate of BTC selling is very bad idea but at the same time Holding is also not good idea.
It is an individual decision either to hold on or sell off their Bitcoin on the trading market. Some already gone crazy about their Bitcoin investment. i feel sad when people can not make a profit but i am more disgusted when people Panic. Maybe they have a very limited knowledge on the market of crypto currency. yet. that's their own decision. |
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LeGaulois
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December 09, 2018, 02:56:22 PM |
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In a short or medium term, I personally wouldn't invest a single penny in the market until I can be sure where it is going. I would perhaps for a long-term period only if I am sure to make a profit, which as of this stage nothing is showing a "potential" profit.
It's currently more easy to predict a fall than a ATH.
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steven.spearman
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December 09, 2018, 02:57:42 PM |
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it's not a bad idea either. because at the moment bitcoin is on the verge of being low and losing. It's good here that we invest and when we are stable we can profit again of course with unpredictable times. make this choice a wise choice for the future with patience.
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wow.magic
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December 09, 2018, 03:01:14 PM |
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Don't worry so much of this bitcoin condition, actually for your information before we came in in crypto world bitcoin plays the same role. So the dumping and pumping is normal bitcoin activity whatever your situation. Everybody watching of bitcoin recovery so don't lose your hope because possible that it could give you a good fate.
It is normal in one business up and down the value especially in investing in cryptocurrency and we know the market price is unpredictable so we know this situation. Investing in bitcoin we need more patients to wait be optimistic and never lose hope cause if you have this kind of fate you have big opportunity to earn more profit in your investment. |
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beatzcoin123
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December 09, 2018, 04:07:26 PM |
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i don't think anybody made a loss in crypto currency, you only loose money in crypto currency especially bitcoin when you fail to hodl and sell off at a price lower than the price you bought. So at this point of harsh war, hodling is the best policy ever, so hodl!!!
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EdenHazard
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December 09, 2018, 06:56:06 PM |
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If you are new to Bitcoin and have not spent money to invest in Bitcoin then my suggestion is to wait a moment first. I mean waiting for the market to be completely healthy again, indeed no one can be sure when the market will return to health, but at least you can have free time to review about bitcoin. You can learn the characteristics of the price of bitcoin so as when you have spent money and once the market crashes again you will know what you will do next.
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