Quote from: Malaya on February 07, 2018, 04:16:08 AM

Quote from: ivanst776 on February 06, 2018, 08:50:11 AM

Quote from: bitcoinsc on February 06, 2018, 06:56:57 AM

after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.

i was holding bitcoin 3 years ago and sold it at 19,500 as it reached the highest price possible on that phase, now that bitcoin drop the price and people are getting panic it is time for me to buy and hold. people get to nervous with bitcoin price they just see the pump and can't accept the dip. Didn't they notice that when bitcoin fall, after that it rises more than triple it fall? if you are new on this community you will be same like others cutting the rope to get out of bitcoin but if you are on these for such a long time i know that you will buy more and never sell.

Wow. Good for you! You made a great profit for sure. And yeah, right now you can buy bitcoin and wait for its rise. It really takes a lot of patience in this community. And you must also be a risk taker in order to gain and familiarize how the market works.

It will take patience but it will prove as good source of profit as well, if you will hold for some time you will see the price of bitcoin increasing more and more so I would also say that holding is good for you instead of buying high and selling low, as much as the time passing bitcoin is getting expensive and here we will get high profit for waiting for small time with your already invested bitcoin.