Bitcoin Forum

I sold about 10% of the bitocoins I sold above 400$, I'll probably reconvert to bitcoin if the price gets closer to 330$. How did your trading seem this period? Do you think the price will keep moving downwards or is the bullish mood still in place?

I think peoples who are buying like mad in past days have stopped buying and start to sell. So i am selling whatever i have right now. It is bad to see the price of bitcoin keep on decreasing but i expect within next week it will again hit the floor of 230+. I am selling today and will buy back after one week.

Oh is this the channel for Trolls and Weak Hands?  :D

Not really, I seriously sold a percentage of my BTC for USD. Of course, that doesn't make me a dedicated hodler keeping his precious coins in a multisig paper wallet buried underground but I wouldn't think that trading of this type should lead to labeling somene as "weak handed". I have plans to re-buy BTC and even consider doing it now that we're near 350. Long story short, I'm doing this to increase the number of BTC I hold. In fact, If I were to buy now I'd have succeeded at that.

I suggest you sell a little more of your BTC and wait for the price rise. The market will definitely continue its bullishness. I am waiting for it to cross the $400 mark again sometime soon.

I will be selling if I see a rapid rise above 400 again, I just don't see the market being that bullish after the price started nearing 350 again.

sold at 495, bought back at 370 :P feels good man

An honest thread!

If you picked up bitcoins in the $200s you would have been a fool not to sell over $400.

You have to ignore the bear/bull bullshit posted around here. It is one hellava lot more likely to drop back to sub $300 than to reach $1000. With that said, this is btc and anything is possible.

Lots of us waiting for the $1000(dream on) bitcoin while others make good money on the highs and lows.

I didnt sell anything yet... I plan to HODL...  I can still sell in a few years...

You're too late to sell for profits and too early to buy anything new.

No i didn't sell i'm waiting for it to reach $1000+ no matter how much time it takes.

I sold at 370, 400, 430 ,460 and 490, 10% of my holding at each level and would have continued selling till I had 10% left.
I started my buyback at 360 (filled) and hopefully the balance at 330 and 300.
If that is successful then my coins, bought over the last year, will effectively be free.

Buy when no one wants something, and sell it back when they do.

The 1 week chart is telling me to go long...

6 uninterrupted weeks of growth on the weekly chart with steady and consistent candle lengthening...

If you sold at 400 you better plan on buying back in somewhere above $330, unless you trade the <24h intervals...

I sold at 290 and up. 20% at a time.

Nice move, it was a hell of a ride  ;D

"picking up pennies in front of a steamroller"

nope only bought more

Lol, quite possibly, but they are rather large pennies.

yeah. sold at $410 then bought back at $390 and sold again at $400.
though I didn't follow my first instinct to sell when the price dropped from $500 to $450. ah well, profit is profit.

Weren't you tempted to sell when the price went to 300+ then fell back down to almost 300. All the rallies since Christmas stalled at 300+ then crashed back down to 200ish. History didn't repeat itself this time but we have been in that cycle so long that people expected it to continue.

why do you want SELL now ... when you can have a RENT after 2016.

http://imagizer.imageshack.us/a/img905/2812/wYzGVP.gif

I did and I will buy back at 280-300

I am glad my bitcoins are in cold storage.
I was tempted to sell when the price crossed $300.  :P

i sell it in the half and still hold the rest i thought the price will stable above $400 but i was wrong
and it's back to less $400 since yesterday but tomorrow or monday i hope we will back to $500

The question is not whether it will go to $500. Many people believe it eventually will.
The tough question is what to do when it gets there?  :)

I didn't sold because i was not focused to sell my bitcoins,
But seems that i made a mistake when the price went to 470s.
The price now dropped almost 100 USD so maybe we may have another chance at the end of the year.

Of course I did sell above $400... that made me a massive ROI... I will buy back some cheap coins at $320, to play in future bubbles.

I was quite late to sell above $400. whereas my plan to sell when it hits $500 but only up to $485 and then bitcoin down

I have to admit i sold part of my funds at 375, in hope for re-buy on a dip, but missed it. Sold another batch at 450$ which i managed to rebuy at 360$.
In the end i am at positive zero, but am hoping to buy some more if prices go under 300$ (doubt it, but still am prepared for that scenario)

Pretty much this, someone who says no to a 100% return is really a fool.

I sold very tiny part of my BTC because I was just hoping price would pass $ 600 easily. Anyway, I didnt lose my hope about the bullish trend and will wait a little more to see clearly to which direction price will go.

No, because I was able to recognize abnormally fast price increase when it went to 500$ (edit: a rise to 300+ was not like that). The chart was begging for a correction. I couldn't deny free money. I was cautious though and only sold 0.5 BTC at 495$ :D so it's not a big deal, just a proof of concept for myself.

I sold some coins when it peaked at $365 and after that it went up to $500 :D In normal circumstances I wouldn't have sold, but I had to purchase furniture the day after I sold, so I sold some coins to take profits. I had an average profit of ~$130 per coin, which is still more than decent. It's nothing to be ashamed of.

Pennies collected, steamroller avoided.
 ;)

Only trading, sell and buy

once in this month, sell at $410 @BTC2.001

no, i did not.
unfortunately i am too late to sell it at $400, i sell it after it starting down at $375

I sold around BTC1.3 @$370. Then I bought back 1.45 when the price dropped.

So far you're the only one in this thread that's hit the nail in the head so well. My average was 23%.

New question! Is it time to buy again? the price fell below 320$ again, good chance to buy or could it fall more?

yes i did sell all rest of my bitcoin during bitcoin price above $400 and earn small profit from that

I did not sell it on that bubble because i kindly believe that the price will get even higher after after a few years

Nope I haven't sold during the last run or any before that. When you're in for the long haul this interim ups and downs don't have any influence.If the price goes up it's great to see.If price goes down I sit it out.

I am bad at trading >:( I just watched the bitcoin price rising up to to $490+ and did nothing with my 1 BTC , now its falling and I'm thinking of panic selling as I am afraid for the price to go lower..

I wish I could sell that, but I didn't. In fact I bought more coins when it hits 400 and 450$. I suck at this trading thing. :(

You should probably buy back now.
You wouldn't want to be caught flat footed if another bull run starts.  :)

i did not sell my bitcoins as am a long term holder,i bought something when the price was around $425. ;)

If you sold your coins above $400, then right now is a great moment to buy back your coins to increase the amount of coins you have. At what price did you buy the coins you sold above $400?

Nope i didn't sell my coins even it touch $500 i am still holding them i still believe price will move up again because some bullish sign still exist to help this to reach $1000 this time so let's what future will bring to me. ;)

Yes i sold 50% of my saving at average price $448 and still holding rest amount actually my average buy price is around $229 so this time i got huge profit with this current rise.

You got the best price in both buying and selling. Congratulations.
But I still hold my small amount of bitcoin for some big targets which may be only possible after halving. I hold my bitcoin for some targets above $2000.

I sold just some cents above 400 $ as I was in need which do whenever I need of fiat money.I am holding most of my funds in cold storage but this was routine action to sell above and after that even at 325$ some.

Thats the plan. I have bought bitcoin since it was 100 BTC for 50 USD. I have my stash. Since the market has semi-stabalized (bullshit) i buy whenever it is 250 USD or under and sell percentages at over 300 USD. I sold only about 4 BTC when it hit 400 USD. Seemed to good to be true (it was). I speculate it will hover around 300 - 350 USD until end of the year.

No,I didn't sell not even a single bitcoin.My plan is for long term and I don't enter in my holdings.This is all is warm up period and real speculation will start soon when price will hit even 1500 $.I see it as correction and new floor and I am not worries about short terms price.

it depends. are we talking long term or short term? anywhere below $350 *should be* good enough if you're planning on holding for a year or more. I don't know about short term.

edit: you forgot to update the topic title btw.

i actually did not though it would have been a great idea to sell it then and now rebuy at 300 though i did not think about it

I don't have too much bitcoin but i haven't sold at that price, i hope it will be reached again in the next few weeks.

+1 but i wait for 3100 USD ...

i did not im still waiting for higher price

I sold some of Bitcoin at about 450 USD because I was sure price can not just go up up without correction and price will surely drops and that will be time to re-purchase again while having some profit.It was good decision like always.

not i sell before price touch $400, now i bought some coins for holding until next year maybe in middle year i will sold all my coins

It all depends on your time frame. The recent uptrend proved to me that I was uberreluctant in picking up more bitcoins during this year. I should have bought in the 200s range but buying back around 330 or so isn't so bad either. Of course, I did sell a lot of Bitcoins for way more than ....800 actually. While you are picking up what you call easy cash, I am just glad I woke up and bought some coins to hold until...probably December 2016, at around this time I expect a new super bubble.

Don't get burned, the next wave up may well... stay up. Trading bitcoin works for so long, until it doesn't.