• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Should i flip my Bitcoin or hold on??

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
I think you should hold these coins now because the value of a bit coin can go up and it has chance to go up, so I will advise you that you should not sale it can give you more profit so should wait two to three days more.
Okay, no problem I've heard you, I will still wait, little while before making final decision if I'll flip it up or leave it on my wallet. I will only leave for sometime if I see little improvement around Bitcoin, but if the price keeps on going on a drastic low, I'll cut my losses down.
 

Sehrish

Resident Member
500 Posts Club
USD
$0.0000USD
Biznotes
0
This is not magic, You cannot just double the amount of your bitcoin. You either trade bitcoin for other Altcoin Buy and HODL or invest in a bitcoin mining pool.
 

Quert

Addicted Member
1000 Posts Club
USD
$9.0000USD
Biznotes
0
Although recently the charts shows a sort of falling, i believe you should hold more a little longer on your bitcoin. Don't easily fall panic on these charts, they are soo volatile along with time soo have high hopes.
 

Bilal0087

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
I'm not happy at all with the steady fall in price of Bitcoin, currently at $32k per token. I'm feeling skeptical that the price might still go down and bring my investment down to zero. I'm feeling a little bit nervous, i might give up on my coins and cut down the whopping losses. Since last week my coins is on the steady free fall not adding up at all. It has made me to have double thought to flip it up.
Do you think its wise to flip it up or still hold on to it, to see if the price will go higher??
I think you should hold Bitcoin for some more weeks, as now it's price e low.
I am also holding Bitcoin from the last one month and waiting for the increase in it's worth, I hope that in the February it will cross 40,000 $.
 

Kamon c4

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
This is a normal phenomenon that occurs frequently in the cryptocurrency. It has been predicted for a long time. The decision to sell or hold is your sole duty. You need to size up your options. Evaluate your profits and gains if you decide to sell or hold your bitcoin
 

Emma Aneni

Paragon Member
1000 Posts Club
USD
$0.0000USD
Biznotes
0
expand...
You can hold if you are not in a hurry to withdraw your assets but if you want to maximize your BTC profit, you better look on charts and understand them. It’s important to remember why bitcoin was created and why it’s the fastest-growing asset on Earth, you should have some patience it'll come good very soon and rise again.
 

Erik4150

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I think you should sell your bitcoin. There is no point in holding unto it, bitcoin price is falling everyday and will probably continue to do so. If you are a short term investor, you just have to sell when the price is high. You can't have it any other way.
 

Koldej

Up-and-Coming Sensation
100 Posts Club
USD
$4.5860USD
Biznotes
0
To my own little knowledge I will advise you to hold on a bit, definitely bitcoin will rise again very soon, and it will be a loss selling now, I'm very sure it won't get to the level you are thinking, although it may fall a little bit more this but I'm sure with time it will pick up again to d price you desire, so I will really suggest you chill
 

Niftyyem

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Many people are in such a dilemma now and to be honest, the final decision is strictly yours as the investor and owner of the funds. One of the things to consider is if the funds invested would be needed soon by you or if you can leave it for a while.
 

Kayzzy3

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
I'm not happy at all with the steady fall in price of Bitcoin, currently at $32k per token. I'm feeling skeptical that the price might still go down and bring my investment down to zero. I'm feeling a little bit nervous, i might give up on my coins and cut down the whopping losses. Since last week my coins is on the steady free fall not adding up at all. It has made me to have double thought to flip it up.
Do you think its wise to flip it up or still hold on to it, to see if the price will go higher??
My advise is that you hold the one you have for as long as possible, I have a couple of Satoshi and I'm not planning to sell for another 2 years, I want to accumulate as many Satoshi as I can get.

I'm very optimistic that in 5 years 1 satoshi will worth something tangible. Today holder can be tomorrow's millionaires.
Conceivably you could trade your bitcoin on the exchanges, buying low and selling high, but that would involve some risk to your original investment and require you to outguess the other savvy traders and some pretty ferocious trading algorithms.
You could also gamble your bitcoin on a reputable bitcoin gambling site, such as Satoshidice, and hope for the best.
Or… you can do what other successful bitcoin investors do and HODL.
HODL is a misspelling for the acronym “Hold Long”.
In the last eleven years, bitcoin has given a return of over 11,000 percent.
At that rate, it would take about two years to double your investment without any effort on your part.
It’s important to remember why bitcoin was created and why it’s the fastest-growing asset on Earth.
While the kleptocratic “elite” have been gutting the world economy, bitcoin has maintained itself as an alternative to the shell game that passes for world finance these days.
As the last of the old asset classes is plundered, bitcoin stands alone.
The more people HODL, the faster bitcoin solidifies itself as the world reserve currency.
People have said that “the financial system is broken”, but in truth, it’s not. The current financial system is working exactly as it was designed to do and channel the wealth exclusively to its architects.
The only way to win the current corrupt financial shell game is to not play. Find alternatives, like bitcoin.
Doesn’t it feel great taking back control of the world’s finances, from psychopathic resource hoarders and returning power to the productive class that creates the wealth?
People like you are waking up to the fact that there are alternatives to the fiat money system that is currently crumbling under the weight of its own greed and corruption.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
I think you should hold Bitcoin for some more weeks, as now it's price e low.
I am also holding Bitcoin from the last one month and waiting for the increase in it's worth, I hope that in the February it will cross 40,000 $.
I have gain a lot of advise about holding on to my Bitcoin than flipping it up. Maybe I will stick to such advise cos the majority wins the quote. When lots of voices support a certain motion it means that, one should follow in that part cos majority decides argument.
 

Abibatabosede

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
The rising and falling of crypto currency is not something that can be stopped because it is one of the characteristics of crypto currency. If you feel you are loosing a great deal and it's affecting you,I will advise you to flip your bitcoin otherwise be patient as you still have the opportunity to regain what you have lost.
 

shakky2

Paragon Member
1000 Posts Club
USD
$0.0000USD
Biznotes
0
one funny thing about crypto currencies is that they are not predictable and the time frame for rising or falling are hardly determined except by reading the chat which itself is unsure and just predicting it will be best to still leave your bitcon for now but if you notice rampant fall then you can decide to withdraw the money
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
The rising and falling of crypto currency is not something that can be stopped because it is one of the characteristics of crypto currency. If you feel you are loosing a great deal and it's affecting you,I will advise you to flip your bitcoin otherwise be patient as you still have the opportunity to regain what you have lost.
Okay, nice advice, I think the price have improved a little now at $33k in the last 4 hours after dropping down to $31k. Maybe I will wait for some time before flipping it up. Maybe an increase can take place any moment from now, I'm just feeling it.
 

Rimsha kanwal

Paragon Member
1000 Posts Club
USD
$0.0000USD
Biznotes
0
I'm not happy at all with the steady fall in price of Bitcoin, currently at $32k per token. I'm feeling skeptical that the price might still go down and bring my investment down to zero. I'm feeling a little bit nervous, i might give up on my coins and cut down the whopping losses. Since last week my coins is on the steady free fall not adding up at all. It has made me to have double thought to flip it up.
Do you think its wise to flip it up or still hold on to it, to see if the price will go higher??
By holding bitcoin for the long term rather than short term trading, you reduce the risk of losing value to short term price fluctuations while still having the opportunity to benefit from long term price appreciation. Buying and selling bitcoin over short time periods significantly increases the chance of your bitcoin losing value. Throughout bitcoin’s lifetime, we have seen that a much safer way to store value in bitcoin is to buy it and hold it for the long term. This article shows that if you are buying bitcoin, you should be holding it for the long term rather than trying to trade it to make a fast profit.
 

Sake

⭐ Lazy Head ⭐
1000 Posts Club
USD
$0.0000USD
Biznotes
0
If you already have some profit if you sell now the. It's okay but if you're already at loss just hold it and don't panic Bitcoin will surely rise again if you panic sell because it's falling now you may regret it later.
 

Yewande

Mrs
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Selling is a good idea. But prepare to buy when the value has come very low. That way, you'll make profit when it's about to rise. I sold mine when the value got to 35k. I couldn't take the risk of it falling below that.
 

Deleted member 6735

Guest
This is what gets a lot of the weaker hands. Buying high and selling low, due to fear of the FUD.
HODL! It will soon be going back up. I'm -$2838 right now due to the price. If I were to panic sell right now, I'd lose that. No way. HODL!
 

Suba

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
According to my estimation, BTC price will stay at $ 30k - $ 38k until February 5th. If you are a long-term investor, of course, you already have a target when you should sell Bitcoin, so you don't need to panic about price corrections now.
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
The golden rule of cryptocurrencies is that the actual loser is the one who sold his cryptocurrency when there is a slight change in the price of the coin. When you want to sell, there are plenty of other people willing to buy, so why will they be buying when the price is falling? It should be clear to you that the price fall is only going to be for a while and it go up. So, my advice is don't sell.
 
Back
Top