Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Munareal on December 07, 2018, 11:06:39 AM
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Someone wants to sell the Bitcoin he bought at 2k and asked me what to do as he is scared of losing. If he sells now he can still make some profit. Share your thought as to whether he should sell or HODL . I believe 2019 will be a good year
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Just match the investment plan before you buy bitcoin, if you plan to sell it when you get profit then the best thing is you have to sell it. Then how about the price of bitcoin in 2019?
Before answering, this lets us learn first
Look at predicting prices I think all of that is just a technique that has not reached 100% accurate, even not up to 50%, so in my opinion there is no certainty whether bitcoin will rise in 2019
Be patience, Pray and sure this is one of the easy ways to invest even those who use this method do not care even though the price falls, and on average they get very large profits, but the time needed reaches 1-5 years (like the name of investment sure that need a long time to get bigger profit.
If you have the characteristics that I mentioned above, yes you will get a very high profit
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It's good to keep Bitcoin now as we still experiencing a crypto market meltdown.With this we shoul purchased more this coin and hold.And one day when the crypto market bounce back,i am sure that we can earn more profit.
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If your friend really bought at 2k then this question is super late he should have sold before it even hit 20k at 10k+ and if he is really patient I would say maybe at 15k. Why would he wait for Bitcoin to go up 20k then wait more all this time down the road! He made a big mistake already, and if I am in his place I would hold because in my opinion if you sell now he will be making a profit on paper but in reality, he missed a chance at a much higher price!
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Someone wants to sell the Bitcoin he bought at 2k and asked me what to do as he is scared of losing. If he sells now he can still make some profit. Share your thought as to whether he should sell or HODL . I believe 2019 will be a good year
I was having a plan always you can say that its a strategy. However i have turned the my btc into the USDT .I will buy btc when its in deep low .I will make my USDT into btc when i see a great positive movement .
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For many is as good as keeping their heart attack at bay ... bought for 700 usd when btc was at 6k now its Smith like worth 300 usd but I am good with it I believe in the coin I bought and rather really excited to see btc at 1 k ... from there I suppose its move up only (with corrections)
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If your friends intends to sell now the coins in that very low price, it will really influence the market. Tell your friend that he must be more patient. I don't know whether they bought the coin at what price, but many more panic people selling their BTC right now will only worse the market condition.
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The other twenty or so well-known bitcoin exchanges that revealed their hard fork contingency plans last week will also list both digital assets (creating another account for their customers, for the “new” forked coin). Yet it is safe to assume these exchanges will also pause deposits and withdrawals during a split event.
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Sell bitcoin and divert the profit into investment in some potential leading altcoins in the market. Still your friend have more or less 2k profit. Now is the right time to invest in ethereum and some of the top 10 altcoins.
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seems like that, it's better to save it first and don't recklessly sell it, I'm also sure that in 2019 it will be very good for all coins ..
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I suggest you can survive in the next few months by waiting for the price of bitcoin to be stable, so you will get a lot of profits.
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precisely from saving when the price is very bad, it will greatly save your money, until finally bitcoin rises and gets profits according to what we expect
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I don't think it is the right time to sell bitcoin right now. I think you should advise him to keep holding the bitcoin till the beginning of 2019. Since many experts stated in the beginning of 2019 the bullrun will begin, you may be better to wait it. I also keep HODLing, I will sell bitcoin at least at $7,000.
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Now is not a good time to hold Bitcoin I think. Because Bitcoin price sure will go down more, about 2,500$ as I read on many articles. The smart move now is to wait for the price lower than we can start to buy
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Nowadays it seems so, have to be more patient to wait for the surge in prices to come. Although the condition is not easy but remains optimistic that there will be a peak arrived, so patience will soon pay off.
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Now is not a good time to hold Bitcoin I think. Because Bitcoin price sure will go down more, about 2,500$ as I read on many articles. The smart move now is to wait for the price lower than we can start to buy
I agree on that I believe that we really need to keep bitcoin today due to its huge dip. We can really keep it until such time that the bitcoin will rise because the bitcoin will not really going to fall forever it will soon rise and those who can hold it during a hard time will gain.
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I have come to realize in this business that the majority factor why some investors will remain in a particular financial position all year round is impatience.
Impatience have a way of messing with your reasoning and foresight
Impatience makes you sell when you are not supposed to sell thereby making loss and having regrets in the long run.
So hold your Bitcoin.
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Just continue HODLing. It is the only way to have more profits from investing in Bitcoin. Except if he wants to quit immediately, then I think no problems to sell it. But I don't hope he will choose this way.
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Now is not a good time to hold Bitcoin I think. Because Bitcoin price sure will go down more, about 2,500$ as I read on many articles. The smart move now is to wait for the price lower than we can start to buy
but if everyone has the same thoughts, then there won't be a right time to buy bitcoin, or more simply people start to leave bitcoin because they think there is no more people interest in it. High Supply and Low Demand