Re: Will you HODL or sell if BTC crashes further down?

Quote from: goyald2801 on March 19, 2018, 01:29:34 PM

Quote from: CBESH on March 18, 2018, 05:22:21 PM

I want to find out what your trading advice will be if BTC continues to crash. Are you going to HODL or sell. I personally have lost money so far Sad

Any way what is your trading strategy?

if you purchased BTC over $15k range , and still holding it , then no benefit in selling in further dip ..
bcoz if you sell it then you will have 50-60% loss which is 100% confirmed on sale .
but if you hold then still chance of profit or no loss in case of pump .

Selling out is not an option here, strictly in the case of bitcoin because that would cause a very big loss to the holder. Bitcoin is expected to increase as much as 30k dollars by the end of this year so selling it out makes zero sense to me at least. Only bitcoin is capable of bringing drastic financial change in the life of its investor so extra care is required while dealing with it. My sincere suggestion is to buy more of it as this time wont come again.