Quote from: gamalzour on August 15, 2018, 06:16:33 AM

Quote from: valentinen39 on August 11, 2018, 05:20:45 PM

Quote from: NoviceInvestor on August 09, 2018, 12:12:31 PM

I don't think it comes down to ETF. I think it comes down to whether or not there is a major bull run ('moon') in December. If there isn't, then I expect confidence in Bitcoin to reduce dramatically. The price might then reduce to closer to the fundamental value of Bitcoin, which I suspect is a lot less than what it is selling for now.

Quote from: matchi2011 on August 03, 2018, 10:12:48 AM

Yeah right. those who are trying to recover or wanted to lessen their loses are now cashing out, not really sure what would be the next pattern
to follow in order to gain something inside the volatile market like this, if you are a believer then buying is very essential but if you are just
riding with it better to wait for some time.

I'm not sure that anything like all of those who were avoiding losses are cashing out. I think there is a significant population of hodlers, even among those who bought in at a higher value and are currently in the red.

Yes there are still a lot of people who are currently holding their coins when the market price is dumping because they are well knowledgeable about the market and they know that it will grow even more in the future.

They are wise enough to think like that because all we need at this stage and to go out of these situations is to buy more and to hold tightly that will enable the market price to activate and follow the increase trend. As long as we are selling in low market the price of Bitcoin will fall again and will not encourage or activate it to go high so follow the solution for it and invest more.

Well in general, the market's situation right isn't one to make you think about profit. I mean, yeah it's acceptable to think about minimizing your losses, but why minimize your loss when you have a chance to gain simply by continuing what you've done for most of the year which is to hold tight?