If you buy bitcoin at a high price and bitcoin price goes down what will you do guys? Will you cut your losses or hold it?
If bitcoin price down, will you hold or cut your loss?
- Thread starter toptrader
- Start date
jbreher
Active Member
- Dec 31, 2015
- 166
- 526
Bitcoin is a very volatile rollercoaster, with a very strong up trend in the long term. There are only ~30 days in Bitcoin's history that you might have bought in, and found yourself today holding Bitcoins that have lower value than your buy-in. This should tell you all you need to know to answer the question for yourself.
(hint: HODL)
(hint: HODL)
Yes, I agree with you. The cost of bitcoin is constantly increasing, so there is nothing to be afraid of.
