Post
Topic
Board Speculation
Re: Reason for bitcoin Price Drop?
by
Fundalini
on 13/08/2018, 09:41:03 UTC
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!
No, you are not losing money as long as you are hodling; this is just a paper loss. What you ought to do is hodl until the price reaches above your buy price and sell from that point onwards. Just remember to not beat yourself up for not maximizing profit with hindsight information, it will drive you nuts.