Quote from: gmmt on October 16, 2017, 09:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Like others said, The value of Bitcoin will be dictated by the supply and demand on the market. Though, as of the moment try not to do panic selling in which you will incur more losses. Try to be patient since Bitcoin's trend as per I've noticed still have a quite good upward trend.

Quote from: Cnut237 on October 16, 2017, 12:45:14 PM

I don't think it's worth holding, it's better to cut your losses. If the price continues to fall, you'd be wishing you sold now.

I beg to agree and disagree, why? I agree at some point that cut losses you must force to sell it even though you haven't achieved your target return to avoid further losses, on the other hand, I disagree since if you are to look at the past trends Bitcoin normal jump back 2x or 3x higher when the rates deflate. Like what I've said patience is really what you need though it would still be your call if you want to risk or not.