Post
Topic
Board Economics
Re: I'm not gonna sell any coin.
by
Positid
on 29/09/2016, 08:35:55 UTC
As you see, the Bitcoin is crashing and trying to break a new low until it stop.
But I won't sell any Bitcoin at this time, I believe it will rise again as it always do. Smiley
I'm also so do that we all know that bitcoin is erratic price. So what to do when the price drops, and if we hold bitcoin we do not sell it but because we buy more coz  increases and the price of bitcoin. Sometimes having panic selling occurs due to amateur traders fear they lose sales so they immediately saw it going down they dropped the price.
The price could drop and rise and it is just a myth that bitcoin is going to be a success in the future because the price is just moving in one direction which is up, anything can happen as there are a lot of factors that might affect so if you will not learn to sell you will lose.