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Author Topic: Holding BTC at this satge is a bad idea?  (Read 2298 times)
AltcoinTradingSignal.com
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December 13, 2018, 07:48:38 PM
 #181

No, not at all. Holding is always a good sign that you are a strong investor. However, this doesn't mean that you should always hold. Do some side trading, covert some bitcoin to real cash and you will do fine in the long run.

evanescence
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December 13, 2018, 09:37:01 PM
 #182

Don't wanna go the "told you so" route, but holding BTC at $10,000 and above was a bad idea.
Now it's so low that it's probably worth accumulating.
If you're stuck holding BTC I wouldn't sell in your shoes - except maybe for swing trades

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December 13, 2018, 09:38:40 PM
 #183

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?
Low prices we have right now are in opposite very good ones to buy. I wouldn't sell at all, a famous saying is buy low sell high, right now would be sell low. It is just not to recommend to sell low. Price can go even lower but missing start of next bull run is also bad decision.
Price is already very low.

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hardhardy
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December 13, 2018, 09:44:20 PM
 #184

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?
Low prices we have right now are in opposite very good ones to buy. I wouldn't sell at all, a famous saying is buy low sell high, right now would be sell low. It is just not to recommend to sell low. Price can go even lower but missing start of next bull run is also bad decision.
Price is already very low.
I'm too afraid to sell personally, but I think we're going to $1k.
At $1k I have my cash ready, I'm buying 21 bitcoins just watch
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December 13, 2018, 10:33:36 PM
 #185

I dont think if holding bitcoin at this stage of bearish is a bad idea. Because each investors has it's own strategy to follow where they believed for getting high profits. Investing in this bearish run is a lossing investment especially to those who bought crypto in a higher cost previously then at this bearish moment they panickly sell and accepted the big losses. So the best strategy at this bearish moment is hodl and have enough patience and strong belief of crypto.
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December 14, 2018, 01:31:38 AM
 #186

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?
And how you are going to minimize your losses when the price is already close to the bottom? If you wanted to try that strategy you should had done that when the price was at 6000 at the latest, but now when the price is at 3300 it seems too late since it does not seem possible for me that the price goes any lower, but if you think otherwise maybe you could be right and selling your coins could be the right thing for you to do.
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December 14, 2018, 02:13:28 AM
 #187

I think holding btc on this stage is not really a bad idea, The bad idea here is when we are going to sell our btc in a very low price like dip. The status of btc today is really dropping and it is really falling slow. So if we are going to sell or dump it on this dip we can maybe really loss a huge amount of money here. So let's have patience guys and stop selling on low price for good.
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December 14, 2018, 02:37:38 AM
 #188

Right now it's a good moment to collect BTC, but miners are currently quitting to mine, so holding bitcoin is a good thing. But if you feel panic and fear then just sell and make a real asset that has good potential.
This situation allows us to be patient and wait for the good opportunity to come to be used wisely.

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dupee419
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December 14, 2018, 03:01:17 AM
 #189

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?

Day by day? Everyday the price goes up then goes down, it goes at a random manner so I don't think that BTC is continuously going down because it is not,.you can go and even take a look in the graphs of the market and you can see there that BTC is indeed going down but not going down fully, and yes this is a really hard and rough time for people who are HOLDING their Bitcoins.
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December 14, 2018, 03:14:09 AM
 #190

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?
Surely, the attitude of investors in the bear market at this time is filled with doubts. Some of them are still waiting for what will happen next, because before the price of bitcoin continued to decline drastically then they are many people who judge that the price is the lowest price but shortly after the price drops more drastically as well. For this incident, what they will do next is not to buy first, just wait for the bull run signs to come and then buy as much bitcoin as they want.

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killat
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December 14, 2018, 05:02:38 AM
 #191

Holding your bitcoin is not a bad idea. I'd say it won't be going up until mid january - early/feb
NASDAQ said they'll be launching bitcoin futures in early 2019, so that certainly means we can expect some increase there.

But counting from now up until the first two weeks of January, I believe it would be save to invest in bitcoin.

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December 14, 2018, 05:13:14 AM
 #192

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December 14, 2018, 05:55:17 AM
 #193

it is nt advisable to sell btc when the market is going down these kinds of panic situations will come in any financial market that doesn't mean the market is dead again bitcoin correction completes and bounce back to previous levels
In fact many have become confused and panicked when bitcoin has not increased to go up and even go down, but it should be better to hold back to wait for the market to come back again.

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December 14, 2018, 09:41:43 AM
 #194

I personally don't currently have Bitcoin in my wallet, I have sold it when the price of Bitcoin is worth $ 6000. Because this year is truly a very bad year for Bitcoin holders, so if we want to buy Bitcoin, I suggest waiting under $ 3000.

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December 14, 2018, 10:09:13 AM
 #195

It depends on your mindset,
If you are looking at it for a long run then this is the best time to hold and invest,
But if you just want a quick profit from crypto then this time is the worst to hold since the market seem's like it would continue to drop down.
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December 14, 2018, 11:28:52 AM
 #196

it is nt advisable to sell btc when the market is going down these kinds of panic situations will come in any financial market that doesn't mean the market is dead again bitcoin correction completes and bounce back to previous levels
In fact many have become confused and panicked when bitcoin has not increased to go up and even go down, but it should be better to hold back to wait for the market to come back again.
- Confusion and panic are certain when the price of bitcoin continuously decreases every day, if someone invested a lot of money into the bitcoin, that was a shock to their spirit, and of course, continuing to hold the bitcoin and watching their property evaporate every day is a bad idea in their minds. However, this will become worse if they do not continue to hold and accept losses because this is a very important stage, they need to consider carefully when bitcoin still has certain opportunities to recover, the sale in panic or too soon only makes them regret in the future, so they need to maintain patience and hold the bitcoin until the recovery phase


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jonaire99
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December 14, 2018, 11:37:31 AM
 #197

There is always a bad year for any kinds of investment abd cryptocurrency is one of them. It is better wait for more possible price declines next year before investing again. Those who bought bitcoin at a higher price can decide now if they still want to sell their bitcoin at loss or remain in hodl. Nobody know when this bearish situation will end but I still believe it will going back to recovery in the future.

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December 14, 2018, 12:34:39 PM
 #198

i thinking holding bitcoin at this time is good idea, because we all know what the bitcoin is capable of the price will rise again
dont get panic and sell bitcoin hold for the right price.
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December 14, 2018, 01:04:53 PM
 #199

it's okay with you that don't believe in bitcoin again and withdraw all the investment from bitcoin. but if you still believe in bitcoin, I think you can hold your bitcoin and all your bitcoin investment

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December 14, 2018, 02:05:55 PM
 #200

If we talk about this at this time, then holding on this time will not harm our investment. Because the price of Bitcoin has gone down quite a bit. Because of which we do not have any other way than to hold.
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