I believe that the most experienced traders and investors have already taken this decision. They hold their Bitcoins and altcoins and do not sell them until the great pump that will happen in a few weeks, as I think.

Wrong. This is not what Satoshi wanted. He wanted bitcoins to be SPENT. By holding you are degenerating bitcoin.
Holding bitcoin is like hoarding food during famine. Should be made illegal.

Look the past year charts for an indication of what might come in the months to come.
Crypto investment might not be the best option for the ones with week hands. You don't lose unless you sell..

Many people are actually afraid of the decisions taken by some of the countries, That is why those people started dumping coins, The latest one was India.

Why not? This is the best time to get into the market because all the coins are at a discount. It doesn't makes sense at all to sell your coins in this crisis because you will just lose your investment, Right? If you are going to wait till it moons then you must be in it for the long haul. Crypto's (well some of them) are really good for long term investors. Just tell your friend that this is just another test that we can hurdle overtime.

And no need to panic, on the contrary this is really a golden opportunity to buy and stack up your wallets.


That's why we always tell newbies not to sell. They are the first one to be shaken in the prices moves downtrend. Experienced traders didn't even blink an eye when the price is going down. But for the bounce back, no one can tell for certain, one week, one month. But this trend will not last long I'm sure of that.

Have your ever bought something that was the same way?
Bitcoin does not make a difference in that case.

Bitcoin has already 'mooned' and hovering around $8000 to me is a fair price for a cryptocurrency developed as a means of payment and not for hodling or speculating. Bitcoin at $20k to $50k only brings with it high transaction fees and congestion of the bitcoin network which we experienced a few weeks ago.

Thank you for optimistic and enthusiastic post, we need it really.

Try not to panic sell.
I agree to hold it until the price returns to normal.
and if looking at last year's chart, I think it's not weird with the current circumstances. it's just more drastic in price declines.
and if you choose to buy more, I recommend buying it in the third month of the year....

This would be a much better idea than to panic and sell. Holding is absolutely more necessary to earn profit in the future. No backdrop on the market price of Bitcoin is permanent and there's a high probability that its price will eventually increased as what usually happens and based on the past years of Bitcoin.