Re: Will you stay in crypto if BTC does not recover?

Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Lets say we are still around 6k-7k by December 2018 => Will you wait it out or give up and say "OK, we had a nice ride but we are not going up again"?

What about if in 2019 price is still hovering around 6k-7k and there is no sign of recovery to 10k+ (or even a new ATH)

Possibilities on such decision would happen but no one really knows on what would happen exactly on future years to come or even on next month. We might already having some doubts that crypto would be dead but own my own view this is always been a possible thing to happen to crypto where prices can easily go dip and we are not always pumping out on price but it doesnt mean it would be dead. There are still lots of space to improve or further develop not just like on money making.

I will stay in bitcoin forever because I think that now the price is normal. I dont think why all the people want big pumps in the price? Bitcoin will grow with the passage of time and I dont need any big pump in the price. I also dont believe in any predictions and decide according to market current situation and technical analyses. We should be practical and not emotional.

That's great, we shouldn't be bothered by our emotions because it may drown us to hopeless results when good profit comes. For the main time predictions was just an entertainment, but the facts along with the reality was really changing everytime as volatility could go further. Fluctuations will always be happening, because the people always wanted profit and don't think how future could be a nice results in a long run. Just believe bitcoin will recover, and also crypto shouldn't be ignored rather choose it to remain strong if you're holding a certain amount for long term trading.