Post
Topic
Board Economics
Re: $1100 to $750 is significant
by
BitcoinPanther
on 12/01/2017, 15:40:42 UTC
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years  Grin

I wish you were right. I hope Bitcoin will return to $1,100 soon and then it will stabilze there. And I really think people shouldn't sell at $750 or at anything lower than $1,000. Have some faith in Bitcoin, guys, it will rise again.

Well personal opinion matters, you can't feed them if they go hungry.  So I guess it is up to the holder if he needs to cash it out or hold.  People with extra money won't mind, but people who have just enough have a tendency to sell them of fearing it might become worthless.  I will hold if it is asking about my action.  It is too cheap to sell Bitcoin @ the current market price.