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What do you do if BTC goes down? Panic Selling or Hodl?


xtinepink

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Posted

We all have questions in mind on what the hell is happening with cryptocurrency?

We have this up and down moment, just like what happened last few days ago and ofc especialy yesterday. The dipping of BTC went below $7,300 on most major cryptocurrency exchanges, the price of bitcoin has spiked 7 percent overnight, increasing from $7,240 to $8,467, triggered by a variety of factors. Some expert says that the upcoming G20 meetup has contributed to the decline in the value of cryptocurrencies. 

Most of people ask questions about why everything is down and why people are in panic. Well who wouldn't if you have thousand or even million investment right?

 

My question is what do you mostly do when btc and other cryptocurrency goes down? Do you sell panic, cashout, or just hodl it? 

Posted

For now since I only have small amount of btc left, if btc goes down Im just keep on holding on by avril lavigne xD  I have no worries if it even be equal to ethereum price coz I have faith it will just go up back as long as its still in CMC, its just the hodlers faith relies to the life of the coin keeping it alive and pumping.

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