wrahim (OP)
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January 24, 2021, 05:31:51 PM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
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xcaret
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January 24, 2021, 05:36:58 PM |
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BTC has dropped and bounced higher than this just last week.. I'm not worried , I'll just ride it out,. I buy low sell high. not the other way around.
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Tstar
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January 24, 2021, 06:04:45 PM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
Bitcoin is pretty much stable this weekend, with just a slight decline. I'm waiting to see the market conditions tomorrow, in a working day, and plan to buy a small amount if it dips under $29k.
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Issa56
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January 24, 2021, 06:19:16 PM |
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From my research and d experience am having currently I will suggest you sell off your bitcoin and wait till dip more to buy back again, currently bitcoin is stable around $31k to $33k and bitcoin can go side way now, Bitcoin can either pump or dump!!!
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Wysi
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January 24, 2021, 07:03:06 PM |
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Please don't sell as of now, right now the market is fluctuating in the value of Bitcoin has reduced which might bounce back again just like it did in the past where in a dropdown before reaching $40k, if you are made a good amount of profit according to today's price then you may go ahead and sell it off if you want to stay there and not bothered abot further profits. Else I would request you to hold on until the value surges again which will happen sooner as there has been no negative news and rather news of new institutional investments are trending which will surely push the value upwards.
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datamining
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January 24, 2021, 07:19:42 PM |
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I sold some percentage of my BTC. Take out the profit/investment or a percentage of your holdings (e.g. 25%-50%). ... and split that usdt proceeds from the sale again e.g: 33% btc buy order at 25k 33% to buy a main altcoin 33% holdl usdt for any case or spread among some low cap alts with potential
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https://www.youtube.com/watch?v=5vPlN6b7sWs
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doctor877
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January 24, 2021, 07:23:41 PM |
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Looking deep at it, Bitcoin has been stable and had given much space for some altcoins to pump. These are still bullish signs which will play out with patience. Whatever you are holding, make sure you made the right choice and take profits, at this time all good projects are doing well.
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ultrloa
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January 24, 2021, 09:42:14 PM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
For me I would do buy and sell since it's best thing to do in current market condition since holding at this point can make give us slow profit. Remember we are still what we call peak so any danger came from that might give us huge loss, but if you can able handle the pressure and have lots of money on bag then maybe try to hold on who knows we can see a huge price increased this year and you will earn more huge from it.
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Quidat
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January 24, 2021, 10:02:36 PM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
Depends on you because we do have our own decisions when it comes to this, some might be buying out those coins that are cheaper or some would just wait for a little bit more lower into its price before re-entering.This is one of the hardest situations on pointing out which one is the best time to get in.We do need timing and a little bit mix of luck when dealing into this market. Buy,sell and hold? If you are a holder then it doesnt matter on what price you do go in but if you are a type of investor or trader then you would definitely be serious on shorting out those prices in a short span of time.So this will vary into each person on which one he would chose up.
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speedforce
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January 24, 2021, 11:21:15 PM |
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i expect altcoin season will come when i see btc dominance charts which going decreased at this time. So the plan for me is to swap bitcoin and try to accumulate undervalued altcoin which have potential to show their potential price.
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kapalmabur
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January 24, 2021, 11:33:23 PM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
yes today bitcoin and altcoins are experiencing a correction, of course this is a good opportunity to buy, if you haven't bought it, but if you have bought bitcoin or altcoin before the correction occurred, then you have to be careful, use stop lose mate to reduce risk.
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Wulan_maniez
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January 24, 2021, 11:48:36 PM |
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Looking at the current situation, you should monitor it seriously before determining which coins you will buy. If for the long term, buying bitcoin at the current price, it does not matter, because bitcoin will always provide a new price in the future. But I also can't predict for ethereum, whether it will continue to raise its price or fall, because ethereum price is already very high. Maybe you need to monitor it first to get into other altcoins. To wait for the price is a little lower.
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favebook
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January 25, 2021, 01:04:20 AM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
Depends on your position, plans and goals. If you are like me and already have solid amount of crypto, then sell when you are in profit if you need money and HODL as long as you can - Bitcoin is here to stay, and it's price right now is irrelevant comparing to what it was a few years ago and what it will be in a few years.
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Kemarit
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January 25, 2021, 01:21:34 AM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
Yes, it depends on you goal, I will speculate that most of us here has the HODeL mentality, so yes, buy low and then let it sit in your wallet for the next year or two. I can't say that though for day trader or those who love to short Bitcoin, could be effective for then to buy at the dip and sell when they have like 5%-10% profit, then rise and repeat. So there's no right or wrong approach, it all depend on your goal and how everything fits your trading activity.
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inanilujimi
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January 25, 2021, 02:08:36 AM |
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hold on for the long term, don't let the downturn affect the emotions to sell cheap, if there's more money I'll buy some Satoshi. because to be honest I'm personally too bad at day trading for bitcoin.
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exstasie
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January 25, 2021, 03:32:10 AM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
There was intraday amplitude of ~6% but the day closed up as a spinning top doji. In fact, BTCUSD closed green for the day. There's clearly a lot of fear in the air, which is why these moves feel big. Everyone is on the edge of their seat, worried BTC will crash. Yet another sign the bottom is in, or very close. There could be one final capitulation left in store, which I'm sure would snap the market back upwards like a rubber band. Go back and look at the week of July 17, 2017 to see what I mean. Any dip to new lows will be bought hard.
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kotajikikox
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January 25, 2021, 03:33:54 AM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
Do you really asking this ? there are only 2 things on that choices and not added is SELLING because on this season we only need to either BUY more or HODL. if you're going yo sell then consider to be a Loser forever . Sell coins when the value is Growing never when it's falling.
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Sithara007
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January 25, 2021, 04:06:14 AM |
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Bitcoin and other coins dropping a LOT today... what are y'all thinking here? Buy, sell, HODL?
Depends on how much you can wait. In case you can wait for another 1-2 years, then you need to hold on to your coins. On the other hand, if you were looking for short-term investment (such as 3 months or 6 months), then selling at least some coins at current prices ($32,000 per coin) won't be a bad idea. There is no indications that the institutional investment in Bitcoin has come to a halt. They are still going ahead with their plans and pouring their money in to BTC. But the recent statements made by Janet Yellen has made at least some of them cautious.
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adaseb
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January 25, 2021, 04:12:06 AM |
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I think what most people are expecting right now is a repeat of 2017. At first Bitcoin topped ATH at $20K, then next month ETH topped at $1400. And later on alts went crazy and topped, and then later on everything crashed.
It seems we are at Stage 2 at the moment where BTC might of topped and ETH is pumping. So if ETH goes to like $2K and then all of a sudden coins like EOS, ADA, TRX go up 25% everyday, you can assume then that $42K was the top and we might start another bear market.
However history doesn't always repeat itself, this time it could be different.
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pooya87
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January 25, 2021, 05:48:08 AM |
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Shitcoins (aka the "other coins") are always dumping no matter what bitcoin does. They simply don't have enough demand that can sustain any rises they have. For the past couple of months they have also been dumping but since people mostly check shitty sites such as coinmarketcap and they report prices in USD and bitcoin USD price was rising, it created the illusion that those shitcoins were rising in price!
As for bitcoin itself, currently it is time to buy. Anything below $35k is a good price with the risk of losing the chance to buy cheap diminishing the more time bitcoin stays above $30k.
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