Quote from: Anait on December 14, 2017, 12:20:10 AM

Quote from: Freddy Mercury on December 14, 2017, 12:11:27 AM

I think it's a bad strategy to sell when it drops. May be just a trap Wink

That's not a trap, it's the phenomenal process. We're responsible to make use of the same, because the growth is massive. When we sell when price is decreasing it's loss, and I prefer holding with patience till price increases once again.

You can't really say for certain that is not a trap as people suggested because historically it happens multiple times already. Used common sense, its your discretion to sell or not during dips. No one can force you to do it.

Quote from: chichiah on December 14, 2017, 12:35:50 AM

Everyone was shock on the price of bitcoin now but i guess don't panic just stay your bitcoin in you and wait ti increase the price of bitcoin before you sell it. Just a advice

Right. This is an excellent suggestion. Don't sell during panic because you will just lose. Just take it easy and just take a mental note of what is going on. You might regret your decision later when the price improved later. Contrastingly, dips in the best time to get it. A perfect buying point. That's how a successful investors thinks.

Quote from: spooneds1 on December 14, 2017, 12:37:35 AM

It would be your decision to make, if you really want the money you can sell, that if you have gain enough profit when you start investing in it. But for me it is better to hold so that you will gain more profit because i think the price of bitcoin will still increase by the end of the year.

Correct. HODL during price correction. Look at in long term and ask yourself if you are willing to take less profit today, or better financial gain in the future. The choice is pretty obvious.

Quote from: SunJAB on December 14, 2017, 12:45:05 AM

Currently bitcoin is worth $ 17000 on coinmarketcap. This is a very large number, so you can completely sell bitcoin at this time. But I think the bitcoin will continue to increase in the next time and the next milestone is 25000 USD. If you want to profit much you can completely keep the bitcoin.

It really depends where are you looking at. I'm seeing $163xx on my end. Maybe that's why people thinks that the price is going down. Personally, $16K-$17K is steady price isn't it? So no need to panic and sell your bitcoins.