Post
Topic
Board Off-topic
Re: What to do if bitcoin drop and did not sell it?
by
aardvark15
on 30/11/2017, 18:05:29 UTC
As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoin got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease  and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

To me you have 2 options:

1) Hold what you have and wait out the price drop. It will eventually recover and reach a new high at some point.

2) Sell and plan to buy back lower. I personally would not sell unless you are selling higher than you bought. You also risk not being able to buy at a lower price.

My suggestion is that if you didn’t sell at +$11,000, then you missed the sell opportunity (I missed it too) so just wait it out. It will recover and all will be fine. Everyone panics when this happens, but it will recover.