Re: Hold or Sell

today the price of BTC is down by -36%.
For those of you Bitcoin owners what are your plans in these circumstances?

Hold your Bitcoin?
Selling Your Bitcoin?

and would you like to give me a reason. thanks.

I think if you buy bitcoin at a high price, then the right choice is to hold it and wait for the price to increase again. You must have the patience to benefit from bitcoin.

A lot of new comers are surrounded by the worries of market and they all time think about the news that can negative or positive that is not good. This is really bad if you change your decision of long term investment by hearing negative news. You have to stay calm and monitor the market and proceed to sell out your coins at higher price for profit.

Those new comers need to study the market before investing and before taking any step to invest in bitcoin and in any other coin. If they will study well before their investment and they will have all the knowledge about the past and its history of pricing structure then they will not fear and they will not sell their coins at lose as they will know about the long term holding benefit and they will hold for longer time then.