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Should i flip my Bitcoin or hold on??

Sincerem

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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??
 

Yanizie

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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??
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, understand them and make dollar cost averaging. Here is the tip, learn support and resistance in trading, go to 4hr chart and see if the BTC will fall below 3rd support level. If then, you can flip it and make open position near the bottom you have seen. Another, if and only if, BTC will go up after you sold your BTC, then seek for 2nd resistance and position on 1st resistance near the current price.
 

GoldenLady

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Even if it's is probably a good decision, since loosing all you've invested is not nice, it's this type of panic selling that is usually responsible for the drop in price.


This will only lead the price down further and further.

Selling would be a good idea, but it depends on if you're willing to take the risk of missing out if it rises again.
 

Shivay

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You should not do panic sell. You should hold your bitcoin for a longer time and after getting at least 28000$ , you can sell it because the price will go up by the end of month. selling and swapping at this point will be loss.
 

Taimoor Jutt

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Just stay there with calm and cool headed. It's value will bounce back soon. It's just in 6 7 days the values decreased by 20% or so. But wait there it will come back again. What were your investment and when you invested. Business and investment is all about patience and risk. Now be patient and hope for the best.
 

Anaya Ali

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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??
Personally I think you have to hold Bitcoin yet. Its price will increase in future. I believe that those investors who are suffering from difficult situation with its dump will definitely rise again.
The whole cryptocurrency market has been bloodshed from yesterday. But today I found positive news from here. so my opinion is that you should hold your Bitcoin for the good time.
 

Sincerem

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Personally I think you have to hold Bitcoin yet. Its price will increase in future. I believe that those investors who are suffering from difficult situation with its dump will definitely rise again.
The whole cryptocurrency market has been bloodshed from yesterday. But today I found positive news from here. so my opinion is that you should hold your Bitcoin for the good time.
Thanks for the advise, I'll wait for other encouraging advise like this type or the opposite. And know my next actions, cos my mind is telling me that the coins value will go down. And that will bring acessive loss to my investment.
 

kayode10

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Things that are very common with commdities is that when they hit all time highest, there is possibility that the price will go south and plumet. And bitcoins is not excluded in thid market observation. The reason is that while the price is going up, Poeple will be join the bandwagon and this cause the price to increase. When the price nose dive, the late comers will be afraid of losing money and they will start selling. This will increase supply and lower the demand and this will cause the price to go down. The same may happen to Bitcoins because it has happened before when it hit all time highest of $10,000 two years ago it plummeted back to $2,700 and lost of Poeple lose money. So I would advise you to sell fast and leavse some to watch the trend.
 

Nurudeen

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I'm sorry for the loss it's just that in this kind of situation making a decision can be very hard and giving out advice too one has to be very careful. You can sell off the coin today and it start going up tomorrow and you can leave it while it keeps falling. The thing is you just need to follow a trader to help you check the technical chart of Bitcoin to help you make your decision.
 

Trojan8

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This would depend on your risk appetite and the amount of coin that you have currently. If it's something that you won't have much issues with, then you can HODL until BTC rises. If you do need money urgently or can't wait, it's best you sell now. I forsee it going down to $20k.
 

Ralphjoe

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This current dip in price that Bitcoin is experiencing is a litmus test for real investors that knows their onus in what it means to invest in Bitcoin. This is not a good time for an investor to flip their bitcoin but a time to be patient and wait for this coin will appreciate very soon.
 

WhiteHouse

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I'd advise you just chill and don't flip it yet, the sudden drop of Bitcoin value was affected by the inauguration of PRESIDENT Biden, just give it more time and Bitcoin value will rise up again, I'm sure..
 

Thosynho

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In my opinion if I must advise you I would say it's high time you sold your Bitcoin. Obviously it's dropping and base on long observations, Bitcoin has been on the high for long a time and it's dropping now.
 

Dorcey

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although the price of bitcoin is fluctuating but it is not Only bitcoin but all d prices of other top coins too have come. So I will only advice you to hold on cause it will still up.
 

gammarays

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If I were you,I will exercise patience and wait a little while. Bitcoin will still go on a free fall for some moments. It's in its correction period now. If you can allow it,it'll still rise up in value. If you can't exercise patience, you can sell your Bitcoin and buy Bnb coin. Hold it till Bitcoin comes down,you can buy more Bitcoin with it and wait.
 

Adeyoola7

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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
 

Mujahid12

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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 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.
 

Ridorz

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There is nobody that will like to loose money, or that will be happy when seen his/her investment falling down, I'm in the same of your shoe. But the only advise I can give is that you should leave your money there till when the Bitcoin raise up back because I believe that Bitcoin will raise up back very soon.
 

EMMANUEL

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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.
 

GIFTMICHAEL

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You don't have to flip your Bitcoin so far despite the steady fall.
One thing about the volatility of cryptocurrency is that it will enable them to make profit. It is also for the benefits of investors because when the price goes up it will also drop. It is a win win thing for both parties.
 
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