Quote from: LogitechMouse on December 09, 2018, 08:14:49 AM

Quote from: sudeshkumar on December 06, 2018, 11:03:02 PM

BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?

The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again.

Accumulation is the only and best option to decrease your loss and wait for the profit as you can see the history that in every 2 or 3 years bitcoin has shown a good profit. Even if you buy in dip and when the price increase double the last low will also give you break through to exit from crypto currency with small profit or no profit or loss. Which ever is suited by you.

Selling now and then buying in low is high risk as if the market down go down from here and after some time it start to go high then you can do nothing but to just feel sorry for selling in loss.