Quote from: nightrider on October 21, 2017, 12:25:20 AM

Quote from: vickycoin05 on October 20, 2017, 11:26:22 PM

Quote from: eann014 on October 01, 2017, 03:14:50 PM

Quote from: Bellator on September 15, 2017, 03:36:36 AM

Quote from: eann014 on September 15, 2017, 01:41:43 AM

Quote from: wawan99 on August 06, 2017, 07:18:51 PM

hi, what will you do? If the bitcoin price is suddenly cheap

We all don't have any control with the price of bitcoin. So, we cannot do anything unless we sell all our bitcoin with a cheap amount. But if I were you i will still hold and wait for the price to recover.

Selling your bitcoin is not the only way to test the current situation now. If you sell it in a cheaper amount you're having panics and the best way to prevent that for now is you must hold and save your bitcoin, because eventually after this fluctuations with such large drop of price, this will rise again ang gain greater value. So have patience and everything will be back to normal pumps will happen again next days to come.

I agree, even if bitcoin price drop I think bitcoin will still recover. So, if I were you, I will still hold and for the price of bitcoin to still rise for me to gain profit Grin

and of course for us to gain not only me but also us.

As those familiar with BTC, the number of coins created by the mining process drops by half every few years so I think there's nothing to worry about. If this bitcoin's price suddenly cheap, well I won't sell my bitcoin in panic. Instead, I will keep it in my wallet and wait for when will the price going up because I believe that bitcoin still survive in more years to go .

Exactly, panic selling is a stupid thing, that's the way to kill all your money. With bitcoin, our trust is very important, and if you lose faith in it, you will regret it's value as high as it did last time.

Panic selling is stupid thing, but the fact is many traders are panic by the price of Bitcoin, depend on the mentality of everyone. So, if you want to avoid in someday, you become a panic seller, you must to have your plan before invest.