Post
Topic
Board Speculation
Re: The pain of holding bitcoin in 2017.
by
Tapyaks72
on 31/10/2018, 10:56:07 UTC
This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

Well unfortunately, those people have limited choices. By this time, those that probably got in because of hype had already sold their btcs and those remaining are set for the long haul. Disappointing of course, but you have to look way ahead if you don't want to lose.

Well the choices are not limited if one knows how to avail them. There are many people who are just holding the bitcoins as they bought them at a very high prices like 15K or above. They are waiting for another bull rally where they can also sell in profit but this wait is getting too long. A better approach maybe to invest these bitcoins in trading and make double/ triple before we see a big run.
Yeah  if that the case you become idle because it is a big risk if you  sell in the bear  mood, it is a good idea to do day trading using  some ICO’s which is profitable and promising.