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Keep hold or cut loss?

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To put your crypto currency in safety, you must send it to 1 exchange account or to a crypto currency wallet, the most ideal is to put your crypto currency in staking, or cloud mining.

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I think you should wait till after the elections in America, if the price doesn’t go up then sell your bitcoin. Also it is difficult to predict the future. Someday bitcoin will not have any value anymore. Another coin will be far better. 

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In my opinion if the price  doesn't flow high at the end of the 2020 then I will keep them . Because  I think that the price of the Bitcoin will flourish in the odd years .  Everyone in the market wants to purchase the Bitcoin at the lower price but I think soon it will reach to the price of 8000$

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Hodling made most of my gains in 2017

Also hodling made most of my loses in 2018-2020

Hodling is good

But now I learnt a thing

 

Before buying anything you should know the price you want to sell it

AND also the price of stop loss!

 

If not you should take a risk to become a long term investor (in the best case)

 

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In this particular case of btc, I encourage you to maintain control, because behind bitcoin there is a very great project and without a doubt the sooner or later that bullish channel that is expected of him will return this year, we must know well the projects and That will undoubtedly lead us to make good decisions in our investments.

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To be great in the world of bitcoin and have a good income, you have to have a firm mentality in the things that you do and be well informed about what you are going to enter in order to have good profits in cryptocurrencies

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If you are bitcoin trader and trades is goes worng I think when trade does not make any sense we have cut the trade quickly.my experience when trades goes in loss mostly time its never comeback on the breakeven so im suggestion is cut the lossing trades and find a new entrie that is best.wasting a time a holding not worthy.

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Well, I would keep because new times in the market would come and that would allow a small impulse anyway if it is not bullish I would withdraw my order at a moderate price to wait to see what to do and then enter again with my study carried out in the market

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It depends a lot on your strategy. I think that if you want to make money in the long term, you could put a capital to invest in bitcoin. Just buy and accumulate, then come back in a couple of years and you will have a lot of money. I think that in this 2020, despite the misfortunes we are experiencing, it was a great year for bitcoin and cryptocurrencies. And I also think that this end of the year is going to bring very good news for the world of digital currencies. I think bitcoin will start a bull run as a pussy until January 2021. It is a good time to invest after spending the last few months with uncertainty in the market.

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What's your strategy!? Short - mid or even long!? That's all depends on your strategy.. for me , i will cut loss if the percentage of loss is about 2% and i wouldn't afford more than that! but if i know that after this 2% loss the price will rise again so i will wait for sure.. but it isn't easy as it sounds to predict a cryptocurrency price!

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We can stop to hold if we think our coins are dont have any value in a future. I think many of us in here holding some shitcoins, Just like me its almost two years now the coins that I hold are not totally increase the price.

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I advise you to watch the market well because it is in a very difficult time and I expect it will fall suddenly, so be committed to stopping the loss, and if you have profits from deals, book your profits from them and do not enter new currencies until the market stabilizes. It is very possible that we go down to the $ 9500 area of Bitcoin because it exists A gap there you must close

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I don't know why you were considering it, if you held and didn't care about the price you would be in profit today. But there were the events of earlier when prices dipped 50% so it could have been good to sell high and wait for another dip. Maybe even now it could happen again.

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If you ask for financial advice you should know that this is all up to you and we don't have anything to do with your money. You are risking them and any decision you take has nothing to do with the rest of us friend.

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Do what you want with Bitcoin but I am holding. You can try to sell but you will see that price will rise and you will have less when you buy again. I am holding and waiting and trying to make a few more satoshi here and in other opportunities I find.

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Bitcoin is in a different cycle after the halving. The question in this post was from last year when everything was very dangerous and there were frequent dips in price and at 10k it was a sell for traders, but look at now what happens, there is no dip for half a year.

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As you said every strategy has a risk, if you sell you can reduce risk and be in cash waiting for price to drop. But will this happen or will prices rise a lot and you miss the chance to profit from this?

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I'm sorry mate this is what you should do. Before you sell of keep your position open look for what is happening and if there is sentiment that you can follow to make the best for you. I don't care a lot lately but I just hold for future price action in one or two years.

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Bitcoin will be more bullish and this will be just it and no altcoins. There will be many scams too but price will reach a new all time high and there are many that bought that will dump then. Maybe it will be a double top.

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As of right now, the right thing is most likely to keep it more since there is a possibility that the price range of the bitcoin could rise up once more compared to other altcoins you could see. It would be advisable to wait for the coin to reach until its higher price range and pikes up once more so that at the end of the day you would be able to generate more crypto currency compared to the last on. There are actually prediction that it would go beyond around twenty thousand pesos which I think is not that impossible since there are already signs that are not yet activated.  

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I hold my coins for the future becasue in the crypto market so many peoples will invest in it and they make good money and the coins will touch the sky at that time becasue crypto market is going to be high that time.

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In the world of economics, whether it is digital or paper, you cannot be 100% sure of a certain probability, but you can say that the possibility of an upsurge or decline is great and for Bitcoin, I think it will rise to about 20 thousand dollars at the end of this year

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If 2020 bitcoin didn't turn bullish, I would still hold onto my bitcoin, I wouldn't sell cheap like that, wouldn't cut losses but sell losses. I think we've seen that 2020 is a bullish bitcoin market, I think the people here are very happy.

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On 1/10/2020 at 9:21 AM, Sourovdeb890 said:

Holding coins today is good, because the coins are likely to be worth much more than they are currently priced, so if you want to cut losses, then hold on to coins, when the price increases, you can profit by selling. .

If dear friend and colleague of this great forum I agree with the answer you provide in this topic since I see very likely that cryptocurrencies will be conserved in the long term in the future they will have a very good value
  Good luck and big winnings for the whole community
A big greeting

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